Common use of Legal Proceedings and Judgments Clause in Contracts

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s Knowledge, threatened against or relating to Buyer before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect on Buyer’s ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Artisoft Inc)

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Legal Proceedings and Judgments. There To the best of Seller's knowledge, there are no material claims, actions, proceedings or investigations pending or, to Buyer’s Knowledgepending, threatened against or relating to Buyer Seller, the Business or the Purchased Assets before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect material adverse effect on Buyer’s ability to consummate the transactions contemplated herebyBusiness.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insci Corp)

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to BuyerSeller’s Knowledgeactual knowledge, threatened against or relating to Buyer Seller before any court or other Governmental Authority governmental authority acting in an adjudicative capacity that could have a Material Adverse Effect an adverse effect on BuyerSeller’s ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: LLC Interest Purchase Agreement (Lotus Pacific Inc)

Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s 's Knowledge, threatened against or relating to Buyer before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect material adverse effect on Buyer’s 's ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commerce One Inc / De/)

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Legal Proceedings and Judgments. There are no material claims, actions, proceedings or investigations pending or, to Buyer’s Knowledge's knowledge, threatened against or relating to Buyer before any court or other Governmental Authority acting in an adjudicative capacity that could have a Material Adverse Effect material adverse effect on Buyer’s 's ability to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insci Corp)

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